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Within a space of six months this year, the Central Bank of Nigeria (CBN) has so far expended about $20.91 billion to stabilise the naira at the various segments of the foreign exchange (forex) market.
The Debt Management Office (DMO), says it has commenced the accelerated implementation of settlement of government arrears through promissory notes to oil marketers.
Foreign airlines operating in Nigeria saturday described the Murtala Muhammed International Airport (MMIA), Lagos as the most expensive airport in the world, attributing it to high and multiple charges the government agencies in the aviation industry have been billing them.
Transaction turnover in the Fixed Income and Currency (FIC) markets for the month of May amounted to N14.30trillion, a 4.30 percent (N0.64trn) decrease from the value recorded in April and a 50.60 percent (N4.80trn) increase Year on Year.
Ahead of the 2019 general elections, the President of the Association of Bureaux De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, has warned of a possible capital flight.
The Nigerian Export Import Bank (NEXIM) has urged Exporters in Edo state to make effort and access the N50 billion Export Development Fund (EDF) to boost the non-oil revenue in the state. Managing Director of NEXIM, Abba Bello, disclosed this in a statement signed by Tayo Omidiji, Head, Strategy and Communications, in Abuja, on Wednesday.
The Nigeria Agricultural Quarantine Service says it is re-enforcing the use of Solid Wood Packaging Materials such as crates, boxes, dunnages for containerised cargoes imported into the country.
The African Export-Import Bank (Afreximbank) has urged African enterprises to make use of factoring to take advantage of the opportunities for expanding the continent’s regional value chains.
Take time to study records of President Buhari’s achievement before criticising – Presidency tells...
The Presidency has appealed to former Speaker of the House of Representatives, Ghali Na’Abba, to take a second look at Muhammadu Buhari administration’s achievements since its inception on May 29, 2015.
Tokyo stocks opened lower on Thursday after Wall Street fell for the first time in 2018 the previous day, while a strong yen weighed on sentiment.
President Muhammadu Buhari, on Thursday, warned Customs and Port officials from frustrating business activities at Inland dry ports in major parts of the country.
The Shippers’ Association Lagos State (SALS) on Tuesday said the country lost N1 trillion annually through cargo diversion to ports in neighbouring countries due to bad roads to Lagos ports.
National Cashew Association of Nigeria, NCAN, has said that Nigerian cashew has grown in volume and appreciated in value in the last six years, ranking as one of the highest priced commodities at the international market.
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He is to be sentenced for lying to Federal Bureau of Investigation in a case stemming from the investigation into possible collusion between President Donald Trump’s campaign team and Russia in 2016 election-run-up.
The Presidency and federal lawmakers have insisted that the presentation of the 2019 budget presentation by President Muhammadu Buhari as scheduled will still hold on Wednesday despite the ongoing strike of the Parliamentary Staff Association of Nigeria.
Prof. Obiageli Ezekwesili, the Presidential Candidate on the platform of Allied Congress Party of Nigeria (ACPN), on Tuesday said that good governance was possible in Nigeria if youths would be the agents of change.
Teachers in Ebonyi have pledged to “sail or sink’’ with Gov. David Umahi in reciprocation of his support to their programmes and activities.
Imo guber: Action Alliance’s Tunde Anifowose-Kelani challenges Uche Nwosu in court, seeks to stop...
The National Chairman of the Action Alliance (AA) Dr. Tunde Anifowose-Kelani, has challenged the governorship candidature of the party in Imo State and son in-law of Imo State governor, Uche Nwosu, over his nomination as the governorship candidate of the party in the forthcoming election in the state.
Thiago Silva feared Paris Saint-Germain had blown their Champions League chance before rallying to qualify as Group C winners.
Members of Senior Staff Association of Nigeria Universities, SSANU, are threatening to join their striking colleagues, the Academic Staff Union of Universities (ASUU) over Federal Government’s recalcitrance to re-instate teachers of university staff schools.
Embattled British Prime Minister Theresa May faced sympathy but firm refusals on a desperate tour of European capitals on Tuesday, with EU leaders ruling out any renegotiation of the Brexit deal.
Moses Simon has said he welcomes the stiff competition Samuel Kalu and Samuel Chukwueze will bring to the Super Eagles.
The Chief Executive Office of Family Homes Funds (FHF), Femi Adewole, has said the Federal Government is targeting over N800 million to provide affordable mass housing for Nigerians.